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Bounce Back Better - Statement on Government financial support

A third lockdown will cause severe pressure, and irrevocable damage, on businesses many of whom have been under the toughest tier restrictions for several months. We are relieved that the Government has listened to calls for greater financial support and action from the Chancellor has followed swiftly.

However, 100,000 businesses would like the Chancellor to provide assurances that the funding requirements will be reviewed in the event the national lockdown in England is extended beyond mid-February, and that other measures outlined in our campaign manifesto are tabled for consideration including an extension of the business rates holiday and pause on National Insurance contributions by employers for furloughed employees.